Ma Yun: Alibaba will increase investment in India to hire local talents

According to India's "India Times" reported on November 27, the founder of e-commerce giant Alibaba Ma Yun will look to India, has already deployed a high-level team to strengthen contact with India. Ma Yun said that he will strengthen investment in India and intend to hire Indian technical talents.

Ma Yun is 50 years old and worth $25 billion. After resigning as a teacher, he founded Alibaba in 1999. Alibaba's listing in the US then created a record of $25 billion in initial public offerings.

A memorandum of cooperation between Zhejiang Province and India was held in Delhi, India. When asked by reporters, given that India’s online sales business continues to soar and Alibaba will continue to invest in India, Ma Yun replied: “Of course, we will invest.” When talking to government officials, Ma Yun hinted that Alibaba may re-adjust the platform structure and pay more attention to India.

At the meeting, Ma Yun issued a short speech saying that the network has the potential to change India. “India is a country with passion and hope. I personally believe that the Internet is a young person. India is the country of mobile phones.”

When Indian Prime Minister Narendra Modi met with Chinese President Xi Jinping earlier, Ma said that entrepreneurs should work together. “If the two countries can work together, they will have mutual benefits. Both India and China have a long-standing culture and are influenced by new technologies. I believe this is an opportunity for entrepreneurs of both countries. Cooperation can improve The two cultures and improve the world's development prospects."

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